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Friday, 01 August 2014 - 19:40
President agrees to reduce interest rate on loans given to paddy stockists
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President Mahinda Rajapaksa has agreed to reduce the current interest rate on loans given to paddy stockists from 12% to 10%.

The President took this decision following a discussion with the representatives of the Anuradhapura Small and Medium Size Rice Producers Association at Temple Trees yesterday.

The participants informed the President of certain drawbacks which have prevented to issuing deeds for the lands in which they have put up their mills.

Meanwhile the 21st National Conference of Mahajana Eksath Peramuna was held at New Town Hall today with the participation of President Mahinda Rajapaksa.

Addressing the gathering MEP Leader Minister Dinesh Gunawardana said his party assures maximum support to the development program carried out by President Mahinda Rajapaksa.



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